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How Four Companies Show Appreciation for Their Employees

Cornerstone On Demand

According to a SHRM/Globoforce report, companies that utilize strategic recognition are 48 percent more likely to see high employee engagement. Even companies that spend as little as 1 percent of payroll on recognition are 79 percent more likely to experience better financial results.

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The importance of employee recognition

Interact-Intranet

The importance of employee recognition. When companies prioritize recognition, there’s a lot of opportunity for them to build employee engagement and get workers excited about their contributions. According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover.

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The Ultimate Guide To Employee Rewards and Recognition

Vantage Circle

Appreciation is limited to a particular section of the workforce. Measurement of the ROI of routine employee appreciation. There is more hunger for love and appreciation in this world than for bread. Recommended Article: Employee Satisfaction Survey. It helps to promote employee advocacy subsequently.